Public Charity

RICHARD MILBURN ACADEMY OF FLORIDA INC

Based in DAYTONA BEACH, FL, RICHARD MILBURN ACADEMY OF FLORIDA INC operates as a Public Charity. The organization reported $6.9M in revenue, $8.7M in expenses, $2.8M in total assets for fiscal year 2025.

EIN: 043513332 DAYTONA BEACH, FL Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$6.9M
Total Expenses$8.7M
Total Assets$2.8M
Grant Records0
Filing Years2021–2025

Mission

RICHARD MILBURN ACADEMY OF FLORIDA, INC. OPERATES A PUBLIC HIGH SCHOOL THAT OFFER STUDENTS THE OPPORTUNITY TO GET BACK ON TRACK, IMPROVE GRADES, BE PROMOTED TO THE NEXT GRADE LEVEL, AND EARN THEIR DIPLOMA IN A NONTRADITIONAL LEARNING ENVIRONMENT.

Where $100 goes at Richard Milburn Academy of Florida Inc

How Richard Milburn Academy of Florida Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
The academy provides educational services to students in grades 9-12 who are at risk of dropping out of the public school system prior to graduation
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Ashley Kelly
BOARD MEMBER Cathy Egley
CHAIRMAN Edson Graham
BOARD MEMBER Nichol Ward
BOARD MEMBER Sam Smith

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $6.9M $8.7M $2.8M
2024 $8.8M $8.0M $4.7M
2023 $5.5M $5.0M $3.0M
2022 $4.2M $3.3M $2.5M
2021 $2.8M $2.8M $1.1M

Between 2021 and 2025, reported annual revenue grew from $2.8M to $6.9M (+141%), with total assets most recently reported at $2.8M.

Interactive year-over-year charts and full filing details available with membership.

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